Analog Devices layoffs, on the record
Every job cut, severance charge and restructuring Analog Devices reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 26,000 to approximately 24,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 26,000 | As of October 28, 2023 |
| 10-K for 2024 | approximately 24,000 | As of November 2, 2024 |
| 10-K for 2025 | approximately 24,500 | November 1, 2025 |
Job cuts, severance and restructuring
Our summaryCommitted to the Q4 2023 Plan, a reorganization of the business using voluntary and involuntary reductions-in-force and other cost-savings initiatives to adjust cost structure to weaker market demand.
Word for word“In the fourth quarter of fiscal 2023, the Company committed to a plan to reorganize its business (the Q4 2023 Plan).” 10-K for 2023
Our summaryGlobal Repositioning Actions covering severance and footprint consolidation tied to the Maxim integration, with cumulative net special charges recorded.
Word for word“The Company recorded net special charges of $ 532.7 million on a cumulative basis through October 28, 2023, as part of the integration of the Acquisition and continued organizational initiatives to consolidate its global footprint related to certain manufacturing, engineering, sales, marketing and administrative offices and to better align its global workforce with the Company's long-term strategic plan.” 10-K for 2023
Our summaryGlobal Repositioning Actions severance and benefit costs recorded in fiscal 2023.
Word for word“Employee severance and benefit costs — 45,064 113,995 Severance and benefit payments ( 2,629 ) ( 60,153 ) ( 3,549 ) Balance at October 28, 2023 $ — $ 36,981 $ 110,446” 10-K for 2023
Our summaryGlobal Repositioning Actions severance and benefit costs recorded in fiscal 2022.
Word for word“Employee severance and benefit costs 75 149,853 — Facility closure costs 12,076 — — Severance and benefit payments ( 22,805 ) ( 118,567 ) — Facility closure cost payments ( 12,491 ) — — Effect of foreign currency on accrual — ( 281 ) — Balance at October 29, 2022 $ 2,629 $ 52,070 $ — Employee severance and benefit costs — 45,064 113,995” 10-K for 2023
Our summaryCompany disclosed special charges for the Global Repositioning Actions, including severance and fringe benefit costs, to better align its global workforce with its long-term strategic plan.
Word for word“The Company recorded net special charges of $ 527.6 million on a cumulative basis through November 2, 2024, as part of the integration of the Acquisition and continued organizational initiatives to consolidate its global footprint related to certain manufacturing, engineering, sales, marketing and administrative offices and to better align its global workforce with the Company’s long-term strategic plan.” 10-K for 2024
Our summaryCompany recorded net special charges under its Q4 2023 Plan, a restructuring program.
Word for word“The Company recorded net special charges of $ 155.9 million on a cumulative basis through November 2, 2024 related to the Q4 2023 Plan.” 10-K for 2024
Our summaryCompany recorded employee severance and benefit costs under the Q4 2023 Plan during fiscal 2024, and made severance and benefit payments that reduced its accrued balance.
Word for word“Employee severance and benefit costs ( 5,106 ) 41,907 Severance and benefit payments, net ( 18,020 ) ( 151,636 ) Balance at November 2, 2024 $ 13,855 $ 717 _________________________________________________________ (1) As of October 28, 2023, this balance was comprised of $ 13.8 million and $ 23.1 million recorded in Accrued liabilities and Other non-current liabilities, respectively, on the Consolidated Balance Sheet.” 10-K for 2024
Our summaryThe company recorded cumulative net special charges for global repositioning actions tied to the Maxim integration, consolidating its global footprint and aligning its workforce with its long-term strategy.
Word for word“The Company recorded net special charges of $ 591.6 million on a cumulative basis through November 1, 2025, as part of the integration of the acquisition of Maxim Integrated Products, Inc. (Maxim) and continued organizational initiatives to consolidate its global footprint related to certain manufacturing, engineering, sales, marketing and administrative offices and to better align its global workforce with the Company’s long-term strategic plan.” 10-K for 2025
Our summaryThe company committed to a plan to reorganize its business, called the Q4 2023 Plan.
Word for word“In fiscal 2023, the Company committed to a plan to reorganize its business (the Q4 2023 Plan).” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2016-10-29 | — | $13.7 million |
| 2017-10-28 | — | $49.5 million |
| 2018-11-03 | — | $61.3 million |
| 2019-11-02 | $79 million | $95.7 million |
| 2020-10-31 | $47.3 million | $52.3 million |
| 2021-10-30 | $28.9 million | — |
Analog Devices has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Analog Devices’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.